Sacramento Regional Transit District Awards Financial Services Contract to Northern Trust Company (September 2026)

Sacramento Regional Transit’s Retirement Boards awarded Northern Trust Company a contract for retirement fund custodian and compliance monitoring services after a competitive 2019 RFP. The contract covered the ATU, IBEW, and Salaried Retirement Plans and included a two-year option.

Document date · September 9, 2026

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Scope & details

The full contract record, as filed.

Contract amount

Not stated; original five-year contract with a two-year option

Contract type

FINANCIAL_SERVICES

Contract term

Five-year contract awarded in 2019, with a two-year option term

Renewal date

2024-09-01

Renewal

The contract included a two-year option term, later exercised in September 2024.

Document type

AgendaPacket

Source document

Sacramento Regional Transit District AgendaPacket Combined Meeting of the Retirement Boards 2026-09-09

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Sacramento Regional Transit District?

Northern Trust Company was awarded this financial services contract by Sacramento Regional Transit District, as recorded on September 9, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Sacramento Regional Transit District AgendaPacket Combined Meeting of the Retirement Boards 2026-09-09 (AgendaPacket), dated September 9, 2026 from Sacramento Regional Transit District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Northern Trust Company hold?

Northern Trust Company may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Northern Trust Company's profile

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